FDIC takes control of only bank in Gibson

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FDIC takes control of only bank in Gibson

By NBC Augusta Staff

Story Published: Mar 22, 2009 at 4:32 PM EST

Story Updated: Mar 22, 2009 at 6:00 PM EST

GIBSON, Ga. - A town hall meeting was held in Gibson, Ga., Sunday to discuss the FDIC’s seizure of yet another Georgia bank.

FirstCity Bank, which is the only bank in the city of Gibson was shut down by the government on Friday, leaving customers unable to access their money.

The FDIC then took control of the banks funds. They will mail out checks to customers to cover their accounts under the $250,000 FDIC insurance maximum.

NBC Augusta 26 News sent a crew to the town hall meeting. Keep checking nbcaugusta.com for new information about the bank closure.

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